Anhui Higasket Plastics Co.Ltd.
Anhui Higasket Plastics Co.,Ltd. engages in research, development, production and sales of home appliance and auto parts, and small home appliances materials in China. The company also offers home appliance parts, including refrigerator door seals; auto parts, such as electric power steering; small household appliances, comprising tea bar machines; and material products, which, includes polymer P… Read more
Anhui Higasket Plastics Co.Ltd. (603150) - Net Assets
Latest net assets as of June 2025: CN¥1.86 Billion CNY
Based on the latest financial reports, Anhui Higasket Plastics Co.Ltd. (603150) has net assets worth CN¥1.86 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.10 Billion) and total liabilities (CN¥3.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.86 Billion |
| % of Total Assets | 36.5% |
| Annual Growth Rate | 30.81% |
| 5-Year Change | 224.11% |
| 10-Year Change | N/A |
| Growth Volatility | 40.3 |
Anhui Higasket Plastics Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Anhui Higasket Plastics Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Anhui Higasket Plastics Co.Ltd. (2019–2024)
The table below shows the annual net assets of Anhui Higasket Plastics Co.Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.81 Billion | +20.26% |
| 2023-12-31 | CN¥1.51 Billion | +7.88% |
| 2022-12-31 | CN¥1.40 Billion | +115.74% |
| 2021-12-31 | CN¥647.77 Million | +15.79% |
| 2020-12-31 | CN¥559.42 Million | +18.24% |
| 2019-12-31 | CN¥473.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anhui Higasket Plastics Co.Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 245.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥739.37 Million | 46.56% |
| Other Components | CN¥848.47 Million | 53.44% |
| Total Equity | CN¥1.59 Billion | 100.00% |
Anhui Higasket Plastics Co.Ltd. Competitors by Market Cap
The table below lists competitors of Anhui Higasket Plastics Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BLS International Services Limited
NSE:BLS
|
$324.59 Million |
|
Xinjiang Baihuacun Co Ltd
SHG:600721
|
$324.62 Million |
|
Daodaoquan Grain and Oil Co Ltd
SHE:002852
|
$324.65 Million |
|
Hektas Ticaret TAS
IS:HEKTS
|
$324.67 Million |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
$324.40 Million |
|
Mia Teknoloji AS
IS:MIATK
|
$324.38 Million |
|
Skjern Bank A/S
CO:SKJE
|
$324.35 Million |
|
BR Advisory Partners
SA:BRBI11
|
$324.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Higasket Plastics Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,420,325,145 to 1,587,840,205, a change of 167,515,060 (11.8%).
- Net income of 139,031,490 contributed positively to equity growth.
- Dividend payments of 30,147,432 reduced retained earnings.
- Other factors increased equity by 58,631,003.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥139.03 Million | +8.76% |
| Dividends Paid | CN¥30.15 Million | -1.9% |
| Other Changes | CN¥58.63 Million | +3.69% |
| Total Change | CN¥- | 11.79% |
Book Value vs Market Value Analysis
This analysis compares Anhui Higasket Plastics Co.Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.50x to 3.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥7.48 | CN¥56.12 | x |
| 2020-12-31 | CN¥8.90 | CN¥56.12 | x |
| 2021-12-31 | CN¥10.33 | CN¥56.12 | x |
| 2022-12-31 | CN¥15.65 | CN¥56.12 | x |
| 2023-12-31 | CN¥16.61 | CN¥56.12 | x |
| 2024-12-31 | CN¥18.57 | CN¥56.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Higasket Plastics Co.Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.11%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 3.09x
- Recent ROE (8.76%) is below the historical average (15.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 19.63% | 9.44% | 0.82x | 2.54x | CN¥44.81 Million |
| 2020 | 23.96% | 10.93% | 0.81x | 2.70x | CN¥77.40 Million |
| 2021 | 21.76% | 9.46% | 0.89x | 2.60x | CN¥75.56 Million |
| 2022 | 11.16% | 8.74% | 0.68x | 1.89x | CN¥15.56 Million |
| 2023 | 9.54% | 5.28% | 0.71x | 2.54x | CN¥-6.56 Million |
| 2024 | 8.76% | 4.11% | 0.69x | 3.09x | CN¥-19.75 Million |
Industry Comparison
This section compares Anhui Higasket Plastics Co.Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Higasket Plastics Co.Ltd. (603150) | CN¥1.86 Billion | 19.63% | 1.74x | $324.48 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |